Bob Couture
Portfolio Lender 2 yr Self Employed Rule
I am hitting a wall with Portfolio Lenders in Massachusetts. Although their loans are in-house they follow the Fannie Mae guidelines and the one I can not overcome presently is ... 2 years of self employed income h...
Stetson T. Stallworth
Low Down Payment Option?
Hello all!I just purchased my first fourplex and I've learned a TON! We've set up an awesome little pipeline where we already want to go get a second!THE ONLY PROBLEM...My partner and I just don't have the capital to ...
Pearl He
Rent income based loans?
I am new to real estate investing, but somebody suggested that since I am able to cash out 400K, that I should purchase a ~700K multifamily property for rental income. I am not able to get additional conventional loa...
Jared Fracker
Private Money Lending? What's the norm?
Hi there I am getting ready to do a deal in Northern Kentucky/ Cincinnati OH, and I have finally figured out how to get pre-approved conventionally, I am moving out of my primary residence (and turning it into a shor...
Manolo D.
Bank Statement Based Credit Line
New to borrowing money. We currently are on a crunch to prepare for our upcoming projects, let's call it 110k, with another 100k in immediate (within the next 2 months, we can get 1 more set). So that's a small 210k p...
Brandon Craig
Where to deploy 50k in DFW real estate?
Hey all.
Looking for advice on my first investment property but I don't know the best option to choose in DFW.- Pre approved conventional loan for 600k / 15% down / 6.2% interest- I have 50k total to deploy- looking...
Chris Torbert
Realtor making the transition to REI...Deal Analysis Feedback
Hi everyone, I have been silently observing here on BP for a little while now, rapidly educating myself on all things REI. I am a Realtor working to make the transition over to real estate investing. My ultimate goa...
Fred Borek
Looking to rap a bit with a Subto Guru. I have a few questions, etc
Starter questions are: what kinds of things can cause the bank to invoke the due on sale clause. If the funding has been coming from one source (the original owner) and then it starts getting drawn from your account w...
Michael Halbert
Create ways to finance a property (need ideas and real examples)
Hi,Are there other ways to make deals without use an investor or getting a loan from a bank?(I have an investor I work with but I just want to add more tools to my tool belt)So one crazy idea I had, put a voluntary li...
Tim Dyer
2nd, 3rd,4th BRRRR
I am just starting my first BRRRR and in the process of the rehab portion. I want to start looking for my second BRRRR but wanted to know if/how some of you are doing 10-20 BRRRR per year? I am not getting my money "b...